Sultan Al News

COP28 has concluded with agreement on a text named The UAE Consensus that aims to set out a climate agenda to keep 1.5°C within reach. The UAE Consensus calls on parties to transition away from fossil fuels to reach net zero, encourages them to submit economy-wide Nationally Determined Contributions, includes a new specific target to triple renewables and double energy efficiency by 2030, and builds momentum towards a new architecture for climate finance.The UAE Consensus followed a year of inclusive diplomatic engagements and two weeks of intense negotiations.

State oil giant Abu Dhabi National Oil Co (ADNOC) plans to float its marine and logistics subsidiary in the coming months, two sources said, the second initial public offering of one of its businesses this year.ADNOC, which raised $2.5 billion from listing its gas business in March, is gearing up for a June listing of ADNOC Logistics & Services (ADNOC L&S), said the sources, declining to be named as the matter is not public.HSBC was appointed as joint global coordinator on the syndicate this week…

Maqta Gateway, a subsidiary of Abu Dhabi Ports signed a Memorandum of Understanding (MoU) with Etisalat enabling connectivity and bringing digital innovation across the port facilities.The partnership will help transform the port with technologies like cloud computing, IoT and big data, paving the way for a new era of digital transformation in the maritime sector.Dr. Noura Al Dhaheri, Chief Executive Officer, Maqta Gateway, said: “We aim to transform our port facilities with smart solutions and technologies. Etisalat as a partner will help us achieve our vision by delivering digital services that is in line with the Abu Dhabi vision 2030 and ultimately improve customer experience.”Sultan Al Dhaheri…

Saudi Arabia has acceded to two important International Maritime Organization (IMO)  treaties – the 1988 Protocol to the International Convention on Load Lines and the Nairobi International Convention on the Removal of Wrecks.The 1988 Load Lines protocol harmonizes the Load Lines Convention's survey and certification requirement with those contained in the SOLAS and MARPOL conventions and revises certain regulations in the technical Annexes to the convention.The Nairobi Convention provides the legal basis for States to remove, or have removed, shipwrecks that may have the potential to affect adversely the safety of lives, goods and property at sea…

Abu Dhabi State-Owned Oil Company Adnoc has sealed a $4 billion midstream pipeline infrastructure deal with BlackRock, the world's largest asset manager, and private equity firm KKR & Co.The Middle East national oil company said that the transaction includes the creation of Adnoc Oil Pipelines, which will lease Adnoc's interest in 18 pipelines and give rights to transport crude and condensates from Adnoc's onshore and offshore concessions over 23 years.BlackRock and KKR will form a consortium to hold a 40% stake in Adnoc Oil Pipelines, while Adnoc Infrastructure, a fully-owned Adnoc subsidiary, will retain the remaining 60%. Adnoc estimated its proceeds at about $4 billion. Sovereignty over the pipelines and management of pipeline operations remain with Adnoc.

Representing the spirit of DP World’s Director of Global Operations, Patrick Bol along with his team aim to cross the Atlantic Ocean in 27 days or less to collect samples of water and draw attention to the plastic pollution problem.The global port operator said in a press release that Patrick Bol along with his team of rowers Lewis Knollman, Andrew Ruinoff, Matt Wilds aim to cross the Atlantic Ocean in 27 days or less to collect samples of water and draw attention to the plastic pollution problem – smashing world records along the way.World Record attempt: To safely row across the Atlantic Ocean in a multihull rowing boat whilst breaking 4 world records on the Trade Winds 2 route: The first multihill to row across TW2…

Abu Dhabi Ports and Emirates Telecommunication Group Company(Etisalat) have signed a memorandum of understanding (MoU) focused on advancing technological capabilities and business opportunities in support of Abu Dhabi Economic Vision 2030.The partnership focuses on building shared electronic projects and networks, exchanging knowledge, simplifying procedures, securing fixed and wireless telecommunications coverage, and managing operational risk.Etisalat will also help Abu Dhabi Ports to adapt to the latest telecommunications technologies, business models, and customer behaviours. The agreement will broaden Abu Dhabi Ports reach by connecting the business to its ports…

Abu Dhabi Ports and Cosco Shipping Ports Limited (CSP) and Abu Dhabi Ports broke ground for the construction of a new container terminal at Khalifa Port during a high-profile event on Sunday, reported WAM. The ports also signed an agreement with Abu Dhabi Ports Company for a container freight station, which is expected to be the largest in the region. The new container freight station will provide Abu Dhabi trade with a state of the art facility offering bonded 'LCL/FCL' consolidation and de-consolidation services, cross stuffing, cargo weight reduction, short term warehousing for de-consolidated cargo as well as easy connectivity with the container terminals in Khalifa Port.

Saudi Arabia Consul General Sultan Al Angari recently met with officials of Saudi Arabia based transportation and logistics company Bahri in Houston, where they presented the Consul General with a Bahri ship model in appreciation of his support of Bahri Logistics’ Houston office opening.   Bahri announced the opening of its second North American office in Houston on March 20, 2017.

Abu Dhabi Ports and Agthia Group PJSC have signed a lease agreement aimed at expanding the group’s existing Grand Mills Flour and Animal Feed facilities at Zayed Port. The new agreement was signed by Captain Mohamed Juma Al Shamisi, Chief Executive Officer of Abu Dhabi Ports and Iqbal Hamzah, Chief Executive Officer of Agthia Group at Abu Dhabi Ports headquarters. The contract between the two parties incorporates a 25-year agreement for a 85,700m2 plot of land, which when fully developed by Agthia will include dedicated bulk grain silos, logistics warehousing and onsite bagging facilities.

Abu Dhabi Ports─the master developer, operator and manager of ports and industrial zones in the Emirate―has started welcoming cruise liners at Sir Bani Yas Island, the Arabian Gulf’s first cruise beach stopover in Abu Dhabi. Two prominent luxury cruise vessels made their maiden calls at the Island last week as part of their international itinerary. Sir Bani Yas Island, an award-winning nature and wildlife island reserve, has long been a popular leisure destination. One of the largest natural islands in the UAE, Sir Bani Yas features three luxury Anantara resorts as well as a wide range of activities for guests of all ages. These include archery, horseback riding, land sailing, pearl diving, kayaking and more.

Sharjah Ports Authority, has taken delivery of a Damen ASD Tug 2411, named Al Luolo’ Aya. His Excellency Sheikh Khaled bin Abdullah bin Sultan Al Qasimi, Chairman of the Department of Seaports and Customs at the Hamriyah Free Zone Authority and Sharjah Airport International Free Zone presided over the ceremony, which was held at Damen Shipyards Sharjah. Also present were Mahamed Meer Abdelrehman Al-Sarrah, Director of Seaports and Customs, Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority and Sharjah Airport International Free Zone, Lars Seistrup, Managing Director of Damen Shipyards Sharjah. The ASD 2411 Tug is fully ‘built in Sharjah for Sharjah’.

UAE dredging and marine construction firm National Marine Dredging Company (NMDC) has announced the completion of the New Suez Canal project. The $8bn (£5bn) project had been projected to take three years but on the orders of the president, Abdel Fatah al-Sisi, the former military chief who led the overthrow of an elected Islamist government in 2013, was completed after one year. Dr Sultan Al Jaber, Minister of State and chairman of the UAE-backed Coordination Office of Development Projects in Egypt, said that a new Suez Canal channel would cement Egypt’s role as a keystone in the world economy. “We are proud that the UAE National Marine Dredging Company was heavily involved in this project…

The first cargo ship delivering Iranian goods docked at the Omani port of Sohar,  a few weeks after Tehran and Muscat opened a new shipping route. The vessel, titled Genaveh 12,  container with a capacity of 96 TEUs, is the first ship put into operation in the new Iran-Oman shipping line, which was opened some two weeks ago. Iran and Oman have recently established a direct shipping line between the two countries to enhance maritime trade. The line will have two sailings per month. According to officials, more vessels will join the line to increase the cycle of maritime transportation. Other ports in both the countries will also be linked in the near future.

Around $50 million in sales was recorded at this year’s Dubai International Boat Show (DIBS), which concluded on Saturday, organizers have claimed. The five-day event, which took place at the Dubai International Marine Club, showcased more than 430 boats and over 800 exhibiting companies and brands from more than 54 countries and was attended by an estimated 26,000 local and international visitors. UAE-based Al Shaali Marine, who unveiled the AS 100 super yacht this year, valued at $5.45 million (Dh20 million), said they were expecting to sell at least three super yachts and seven medium-sized boats by the end of the show. “Not only were we expecting to sell super yachts and boats…

Abu Dhabi Ports’ Maritime Training Centre looked back on what it called a successful year, noting a number “success stories” throughout 2014 as the number of trainees at the center increased by 15% in 2014 compared to 2013. Highlighting its success, the training center noted that five new courses have been added to the program which covers the Channel Familiarization course, the Vessel Traffic Services (VTS) course, the Port Facility Security Officer (PFSO) course, the High Speed Craft Operators course…

Drydocks World and Maritime World, the leading maritime service providers in the region, recorded outstanding success on its debut participation at NAVDEX. HH Lieutenant General Sheikh Mohammed bin Zayed bin Sultan Al Nahyan,  Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces visited Drydocks World stand met key personnel. The stand attracted a lot of attention from key military personnel from all over the world, who evinced keen interest in the wide portfolio of services offered by the yard.

Abu Dhabi Ports Company (ADPC) introduce a new electronic system for processing daily and visitor passes for land and seaborne traffic into and through Abu Dhabi ports – the ‘e-Pass’. With over 1,500 daily passes and an average of 150 visitor passes handled every day, the new ‘e-Pass’ system is expected to significantly reduce processing and waiting times for customers. In order to inform all relevant customers of the new accelerated online processes, shipping lines and agents…

The year 2013 has been designated as the Year of Nationalization by HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. In keeping with the theme that has been laid out by our wise leadership, Drydocks World and Maritime World, an international marine and maritime services provider has put in place a number of initiatives to implement this vision. All of these initiatives which are in place in all business units of DDWMW including at Jadaf, Platinum Yachts abd Dubai Maritime City are geared towards bringing qualified and competent nationals into the organization, identifying competent nationals within the existing workforce and putting in place plans to provide growth opportunities for nationals.

The concept design of Abu Dhabi’s planned permanent cruise passenger terminal is to be unveiled later this month at European cruise event, Seatrade Med 2014, from September 16-18 in Barcelona. The model is being showcased by Abu Dhabi Ports Company (ADPC) following an international design competition and extensive industry stakeholder input. An important element of the competition was the commitment to hire two leading Emirati architectural graduates, to join the project team for the development of the architectural design.

The award recognises Masdar's work in deploying renewable energy projects including Shams One, a 100MW concentrated solar power plant in Abu Dhabi; London Array, a 1GW offshore wind farm, and Gemasolar, a 20MW concentrating solar thermal plant. Abu Dhabi’s renewable energy company, Masdar, invests in clean technologies, deploys renewable energy projects and is building a city that adheres to the most rigorous sustainability standards. Masdar also invests in intellectual and human capital through the Masdar Institute of Science and Technology. Organised by United Nations Environment Programme (UNEP), the award seeks to honour individuals whose actions and leadership have made a far-reaching positive impact on the environment. “I am honoured to be a recipient of this prestigious award.